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THE YEAR IN REVIEW - Jefferson Scholars Foundation

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the year in review<br />

development<br />

I n response to uncertainty about the pace of financial recovery,<br />

the development office devoted fiscal year 2010 to strengthening old<br />

and building new relationships. We are pleased to report that this year the<br />

development team, along with the program directors and the president of<br />

the <strong>Foundation</strong>, met with well over 1,000 alumni, friends, and parents of the<br />

University, just as we have done in the past. It is through these relationships,<br />

some nearly thirty years old, that the <strong>Foundation</strong> can report an increase in<br />

philanthropic cash flow for the fiscal year of $10.4 million.<br />

Relationships are the cornerstone of any<br />

vital institution. This past year, the <strong>Foundation</strong>’s<br />

donors have created <strong>Jefferson</strong> <strong>Scholars</strong>hips<br />

in recognition of leaders, scholars, and<br />

citizens whom they hold in high esteem.<br />

Eli Tullis, Paul Tudor Jones, and Lee and<br />

Elizabeth Ainslie created a challenge grant<br />

to fund a <strong>Jefferson</strong> <strong>Scholars</strong>hip in honor<br />

of John and Betsy Casteen, to recognize<br />

their dedicated leadership and service to<br />

the University of Virginia. This challenge<br />

raised $1 million in funds to endow the John<br />

and Betsy Casteen <strong>Jefferson</strong> <strong>Scholars</strong>hip. In<br />

addition, friends and colleagues of former<br />

University of Virginia Athletic Director Jim<br />

Rachael Beaton (back right), the C. Mark Pirrung Family Fellow<br />

(Astronomy), leads a group of undergraduate and graduate students at<br />

the Large Binocular Telescope on Mt. Graham in Arizona.<br />

Copeland established a <strong>Jefferson</strong> <strong>Scholars</strong>hip<br />

to recognize Jim’s leadership in the classroom<br />

and on the athletics field, not only at<br />

the University of Virginia but also with the<br />

Cleveland Browns, where Jim played professional<br />

football, and at Southern Methodist<br />

University, where Jim held his last position<br />

as athletic director. Lastly, Beverly Mignerey<br />

endowed a <strong>Jefferson</strong> <strong>Scholars</strong>hip in honor of<br />

her good friend Susan Shinn and her family.<br />

Their friendship began at the University of<br />

Colorado, and this scholarship will mark the<br />

opening of a new selection region that will<br />

attract Colorado’s most outstanding students<br />

to the University of Virginia this fall.<br />

Donors also celebrated these lifelong<br />

relationships through their contributions to<br />

41

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